This could lead to higher prices in the years ahead for the chicken producer. I need to be spend a little more quality time with the documents but companies emerging from bankruptcy have historically outperformed the stock market for the next several years by a substantial margin.
Positions: None yet.
5. Consolidated Water Moving HigherBy Jonathan Heller
Desalinization play Consolidated Water (CWCO - Get Report) is up 5% today, on several times average volume. Not sure whether this is due to tax-loss selling, short covering (528,817 shares short as of Dec. 15), institutional buying ahead of quarter end, or a combination of all three.
Positions: Long CWCO